Customers posted FY 2025 net income of USD 224.1 million (+23.5%), with net income available to common shareholders of USD 209.2 million (+25.7%). Net interest income rose to USD 750.5 million (+14.7%) and net interest margin increased to 3.32% from 3.15%, helped by lower deposit costs; total cost of deposits was 2.74% (vs. 3.34%). Provision for credit losses was USD 98.0 million (+33.4%), including USD 77.3 million for loans and leases and USD 20.7 million for certain AFS debt securities; the allowance for credit losses ended at USD 164.7 million (USD 155.7 million for loans and leases plus USD 9.0 million for unfunded commitments). Non-interest income was USD 67.8 million (+12.2%), while non-interest expense was USD 431.9 million (+3.6%); effective tax rate was 22.3% (vs. 19.1%). Total assets were USD 24.9 billion (+11.6%) and total deposits were USD 20.8 billion (+10.3%). Business and corporate highlights included redemption of all Series E and Series F preferred stock for USD 142.5 million, with a USD 4.7 million loss on redemption; issuance of USD 100.0 million fixed-to-floating subordinated notes in December 2025; and an underwritten public offering that reissued treasury shares, generating USD 163.5 million in net proceeds. The bank continued balance-sheet repositioning to reduce asset sensitivity, including sales of USD 594.2 million of AFS debt securities and a USD 51.3 million impairment loss on certain AFS securities it decided to sell. Customers also cited growth in equipment finance (commercial lease income USD 47.4 million, +16.7%) and highlighted its B2B instant payments platform cubiX (launched in November 2024) as part of its deposit strategy; it reported USD 10.6 billion of immediately available liquidity at December 31, 2025, including USD 4.4 billion of cash on hand.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Customers Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001488813-26-000029), on February 27, 2026, and is solely responsible for the information contained therein.
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